First-corporation（1430）株式概要株式会社ファーストコーポレーションは日本で総合建設業を営んでいる。 詳細1430 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性3/6配当金3/6報酬株価収益率（ 8 x） JP市場（ 14 x）を下回っています。リスク分析負債は営業キャッシュフローで十分にカバーされていない 過去1年間で収益は23.5%減少しました 4.7%の配当はフリーキャッシュフローで十分にカバーされていない 意味のある時価総額がありません ( ¥12B )すべてのリスクチェックを見る1430 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW488,917 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG488,917 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥979.0043.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture042b2016201920222025202620282031Revenue JP¥32.4bEarnings JP¥1.5bAdvancedSet Fair ValueView all narrativesFirst-corporation Inc. 競合他社AvantiaSymbol: TSE:8904Market cap: JP¥12.3bMbsSymbol: TSE:1401Market cap: JP¥9.3bSanyo HomesSymbol: TSE:1420Market cap: JP¥7.7bArr PlannerSymbol: TSE:2983Market cap: JP¥16.4b価格と性能株価の高値、安値、推移の概要First-corporation過去の株価現在の株価JP¥979.0052週高値JP¥1,151.0052週安値JP¥853.00ベータ0.221ヶ月の変化7.46%3ヶ月変化-9.52%1年変化12.14%3年間の変化25.35%5年間の変化25.19%IPOからの変化108.30%最新ニュースお知らせ • Jul 01First-corporation Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026First-corporation Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.分析記事 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026最新情報をもっと見るRecent updatesお知らせ • Jul 01First-corporation Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026First-corporation Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.分析記事 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.お知らせ • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026分析記事 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...分析記事 • Jan 16First-corporation's (TSE:1430) Dividend Will Be Increased To ¥44.00The board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥44.00 on the...Declared Dividend • Jan 16Dividend increased to JP¥44.00Dividend of JP¥44.00 is 4.8% higher than last year. Ex-date: 28th May 2026 Payment date: 27th August 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years.New Risk • Jan 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Revenue has declined by 26% over the past year. Minor Risk Market cap is less than US$100m (JP¥12.3b market cap, or US$77.7m).Reported Earnings • Jan 15Second quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥55.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥27.72 (down from JP¥55.16 in 2Q 2025). Revenue: JP¥7.84b (down 60% from 2Q 2025). Net income: JP¥332.0m (down 50% from 2Q 2025). Profit margin: 4.2% (up from 3.4% in 2Q 2025). The increase in margin was driven by lower expenses.お知らせ • Nov 27First-corporation Inc. to Report Q2, 2026 Results on Jan 14, 2026First-corporation Inc. announced that they will report Q2, 2026 results on Jan 14, 2026Reported Earnings • Oct 15First quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥30.55 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.69 (down from JP¥30.55 in 1Q 2025). Revenue: JP¥7.42b (down 3.5% from 1Q 2025). Net income: JP¥283.0m (down 23% from 1Q 2025). Profit margin: 3.8% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue.Reported Earnings • Sep 02Full year 2025 earnings released: EPS: JP¥140 (vs JP¥79.07 in FY 2024)Full year 2025 results: EPS: JP¥140 (up from JP¥79.07 in FY 2024). Revenue: JP¥43.2b (up 52% from FY 2024). Net income: JP¥1.67b (up 77% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue.お知らせ • Aug 27First-corporation Inc. to Report Q1, 2026 Results on Oct 14, 2025First-corporation Inc. announced that they will report Q1, 2026 results on Oct 14, 2025Reported Earnings • Jul 17Full year 2025 earnings releasedFull year 2025 results: Net income: (down JP¥944.0m from profit in FY 2024).お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 26, 2025First-corporation Inc., Annual General Meeting, Aug 26, 2025.お知らせ • Jul 07First-corporation Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025First-corporation Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025Upcoming Dividend • May 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).Reported Earnings • Apr 15Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥6.70 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.65 (up from JP¥6.70 in 3Q 2024). Revenue: JP¥7.54b (flat on 3Q 2024). Net income: JP¥175.0m (up 119% from 3Q 2024). Profit margin: 2.3% (up from 1.1% in 3Q 2024).分析記事 • Feb 28First-corporation (TSE:1430) Is Increasing Its Dividend To ¥42.00First-corporation Inc.'s ( TSE:1430 ) dividend will be increasing from last year's payment of the same period to ¥42.00...お知らせ • Feb 27First-corporation Inc. to Report Q3, 2025 Results on Apr 14, 2025First-corporation Inc. announced that they will report Q3, 2025 results on Apr 14, 2025分析記事 • Jan 21First-corporation's (TSE:1430) Profits Appear To Have Quality IssuesFirst-corporation Inc.'s ( TSE:1430 ) healthy profit numbers didn't contain any surprises for investors. We think this...分析記事 • Jan 16First-corporation's (TSE:1430) Upcoming Dividend Will Be Larger Than Last Year'sThe board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥42.00 on the...Declared Dividend • Jan 16Dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 15Second quarter 2025 earnings released: EPS: JP¥55.16 (vs JP¥6.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.16 (up from JP¥6.70 in 2Q 2024). Revenue: JP¥19.5b (up 158% from 2Q 2024). Net income: JP¥659.0m (up JP¥579.0m from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue.お知らせ • Nov 29First-corporation Inc. to Report Q2, 2025 Results on Jan 14, 2025First-corporation Inc. announced that they will report Q2, 2025 results on Jan 14, 2025New Risk • Oct 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.95b market cap, or US$66.4m).Reported Earnings • Oct 18First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥30.55. Net income: JP¥365.0m (up JP¥365.0m from 1Q 2024).お知らせ • Aug 29First-corporation Inc. to Report Q1, 2025 Results on Oct 15, 2024First-corporation Inc. announced that they will report Q1, 2025 results on Oct 15, 2024Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 4.4% over the past three years.分析記事 • Jul 19First-corporation's (TSE:1430) Anemic Earnings Might Be Worse Than You ThinkA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. Our...お知らせ • Jul 13First-corporation Inc., Annual General Meeting, Aug 23, 2024First-corporation Inc., Annual General Meeting, Aug 23, 2024.Upcoming Dividend • May 23Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).お知らせ • May 18First-corporation Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024First-corporation Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024お知らせ • Mar 31First-corporation Inc. to Report Q3, 2024 Results on Apr 12, 2024First-corporation Inc. announced that they will report Q3, 2024 results on Apr 12, 2024New Risk • Oct 06New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥9.15b market cap, or US$61.6m).お知らせ • Aug 30First-corporation Inc. to Report Q1, 2024 Results on Oct 13, 2023First-corporation Inc. announced that they will report Q1, 2024 results on Oct 13, 2023New Risk • Jul 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.74b market cap, or US$62.6m).Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥115 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥115 (up from JP¥106 in FY 2022). Revenue: JP¥25.5b (down 15% from FY 2022). Net income: JP¥1.36b (up 7.5% from FY 2022). Profit margin: 5.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2023First-corporation Inc., Annual General Meeting, Aug 25, 2023.お知らせ • Jun 18First-corporation Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023First-corporation Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023Upcoming Dividend • May 23Inaugural dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.6%.Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥39.27 (vs JP¥19.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥39.27 (up from JP¥19.27 in 3Q 2022). Revenue: JP¥7.65b (up 4.0% from 3Q 2022). Net income: JP¥468.0m (up 102% from 3Q 2022). Profit margin: 6.1% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 08Second quarter 2023 earnings released: EPS: JP¥23.16 (vs JP¥10.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.16 (up from JP¥10.36 in 2Q 2022). Revenue: JP¥5.45b (up 21% from 2Q 2022). Net income: JP¥275.0m (up 120% from 2Q 2022). Profit margin: 5.0% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.36 (vs JP¥36.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.36 (down from JP¥36.10 in 1Q 2022). Revenue: JP¥4.73b (down 53% from 1Q 2022). Net income: JP¥170.0m (down 61% from 1Q 2022). Profit margin: 3.6% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 10First-corporation Inc., Annual General Meeting, Aug 26, 2022First-corporation Inc., Annual General Meeting, Aug 26, 2022.Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • May 29First-corporation Inc. to Report Fiscal Year 2022 Results on Jul 08, 2022First-corporation Inc. announced that they will report fiscal year 2022 results on Jul 08, 2022Upcoming Dividend • May 23Inaugural dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.7%.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 10Third quarter 2022 earnings released: EPS: JP¥19.27 (vs JP¥7.86 in 3Q 2021)Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥7.86 in 3Q 2021). Revenue: JP¥7.35b (up 65% from 3Q 2021). Net income: JP¥232.0m (up 139% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Apr 09First-corporation Inc. to Report Q3, 2022 Results on Apr 08, 2022First-corporation Inc. announced that they will report Q3, 2022 results on Apr 08, 2022お知らせ • Feb 16First-corporation Inc. (TSE:1430) announces an Equity Buyback for 250,000 shares, representing 1.87% for ¥176.25 million.First-corporation Inc. (TSE:1430) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.87% of its share capital, at ¥705 per share for ¥176.25 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, along with aiming to expand shareholder returns and improve capital efficiency. As of January 31, 2022, the company had 13,363,509 shares outstanding (excluding treasury shares) and 1,000,031 shares in treasury.Reported Earnings • Jan 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥10.36 (up from JP¥6.51 in 2Q 2021). Revenue: JP¥4.49b (up 14% from 2Q 2021). Net income: JP¥125.0m (up 52% from 2Q 2021). Profit margin: 2.8% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.Reported Earnings • Oct 09First quarter 2022 earnings released: EPS JP¥36.10 (vs JP¥5.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.1b (up 169% from 1Q 2021). Net income: JP¥435.0m (up JP¥370.0m from 1Q 2021). Profit margin: 4.3% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.Reported Earnings • Jul 12Full year 2021 earnings released: EPS JP¥90.17 (vs JP¥66.60 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.9b (down 11% from FY 2020). Net income: JP¥1.13b (up 29% from FY 2020). Profit margin: 5.4% (up from 3.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Upcoming Dividend • May 22Inaugural dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.4%.Reported Earnings • Apr 11Third quarter 2021 earnings released: EPS JP¥7.86 (vs JP¥3.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.46b (up 16% from 3Q 2020). Net income: JP¥97.0m (up 94% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Feb 26First-corporation Inc. to Report Q3, 2021 Results on Apr 09, 2021First-corporation Inc. announced that they will report Q3, 2021 results on Apr 09, 2021Is New 90 Day High Low • Feb 26New 90-day low: JP¥681The company is down 5.0% from its price of JP¥714 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period.Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥6.51The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥3.93b (up 4.9% from 2Q 2020). Net income: JP¥82.0m (down 8.9% from 2Q 2020). Profit margin: 2.1% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year.Is New 90 Day High Low • Jan 03New 90-day low: JP¥688The company is down 3.0% from its price of JP¥707 on 05 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period.お知らせ • Nov 28First-corporation Inc. to Report Q2, 2021 Results on Jan 08, 2021First-corporation Inc. announced that they will report Q2, 2021 results on Jan 08, 2021お知らせ • Aug 31First-corporation Inc. to Report Q1, 2021 Results on Oct 09, 2020First-corporation Inc. announced that they will report Q1, 2021 results on Oct 09, 2020株主還元1430JP Consumer DurablesJP 市場7D4.8%0.8%0.2%1Y12.1%21.0%42.8%株主還元を見る業界別リターン: 1430過去 1 年間で21 % の収益を上げたJP Consumer Durables業界を下回りました。リターン対市場: 1430は、過去 1 年間で42.8 % のリターンを上げたJP市場を下回りました。価格変動Is 1430's price volatile compared to industry and market?1430 volatility1430 Average Weekly Movement3.8%Consumer Durables Industry Average Movement3.7%Market Average Movement4.2%10% most volatile stocks in JP Market9.2%10% least volatile stocks in JP Market2.1%安定した株価: 1430 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 1430の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2011180Toshiaki Nakamurawww.1st-corp.com株式会社ファーストコーポレーションは日本で総合建設業を営んでいる。建設事業と不動産事業を通じて事業を展開している。同社はマンションを建設し、マンションデベロッパーにサービスを提供している。また、土地・建物の売買・仲介、新築分譲マンションの販売代理業も行っている。株式会社ファーストコーポレーションは2011年に設立され、杉並区に本社を置く。もっと見るFirst-corporation Inc. 基礎のまとめFirst-corporation の収益と売上を時価総額と比較するとどうか。1430 基礎統計学時価総額JP¥11.74b収益（TTM）JP¥1.47b売上高(TTM)JP¥32.42b8.0xPER（株価収益率0.4xP/Sレシオ1430 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1430 損益計算書（TTM）収益JP¥32.42b売上原価JP¥28.47b売上総利益JP¥3.95bその他の費用JP¥2.48b収益JP¥1.47b直近の収益報告Feb 28, 2026次回決算日Jul 15, 2026一株当たり利益（EPS）122.35グロス・マージン12.17%純利益率4.53%有利子負債／自己資本比率213.2%1430 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.7%現在の配当利回り34%配当性向1430 配当は確実ですか？1430 配当履歴とベンチマークを見る1430 、いつまでに購入すれば配当金を受け取れますか？First-corporation 配当日配当落ち日May 28 2026配当支払日Aug 27 2026配当落ちまでの日数44 days配当支払日までの日数47 days1430 配当は確実ですか？1430 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/10 19:20終値2026/07/10 00:00収益2026/02/28年間収益2025/05/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋First-corporation Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Yoko MizoguchiIchiyoshi Research Institute Inc.
お知らせ • Jul 01First-corporation Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026First-corporation Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.
分析記事 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026
お知らせ • Jul 01First-corporation Inc. to Report Fiscal Year 2026 Results on Jul 15, 2026First-corporation Inc. announced that they will report fiscal year 2026 results on Jul 15, 2026
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥873, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 10x in the Consumer Durables industry in Japan. Total returns to shareholders of 23% over the past three years.
分析記事 • Jun 02Here's Why We Think First-corporation (TSE:1430) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Upcoming Dividend • May 21Upcoming dividend of JP¥46.00 per shareEligible shareholders must have bought the stock before 28 May 2026. Payment date: 27 August 2026. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 4.5%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 16Third quarter 2026 earnings released: EPS: JP¥31.86 (vs JP¥14.65 in 3Q 2025)Third quarter 2026 results: EPS: JP¥31.86 (up from JP¥14.65 in 3Q 2025). Revenue: JP¥8.73b (up 16% from 3Q 2025). Net income: JP¥382.0m (up 118% from 3Q 2025). Profit margin: 4.4% (up from 2.3% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
お知らせ • Apr 03First-corporation Inc. to Report Q3, 2026 Results on Apr 14, 2026First-corporation Inc. announced that they will report Q3, 2026 results on Apr 14, 2026
分析記事 • Jan 21First-corporation's (TSE:1430) Problems Go Beyond Weak ProfitA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. We...
分析記事 • Jan 16First-corporation's (TSE:1430) Dividend Will Be Increased To ¥44.00The board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥44.00 on the...
Declared Dividend • Jan 16Dividend increased to JP¥44.00Dividend of JP¥44.00 is 4.8% higher than last year. Ex-date: 28th May 2026 Payment date: 27th August 2026 Dividend yield will be 4.2%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 3 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 56% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.7% EPS decline seen over the last 5 years.
New Risk • Jan 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Revenue has declined by 26% over the past year. Minor Risk Market cap is less than US$100m (JP¥12.3b market cap, or US$77.7m).
Reported Earnings • Jan 15Second quarter 2026 earnings released: EPS: JP¥27.72 (vs JP¥55.16 in 2Q 2025)Second quarter 2026 results: EPS: JP¥27.72 (down from JP¥55.16 in 2Q 2025). Revenue: JP¥7.84b (down 60% from 2Q 2025). Net income: JP¥332.0m (down 50% from 2Q 2025). Profit margin: 4.2% (up from 3.4% in 2Q 2025). The increase in margin was driven by lower expenses.
お知らせ • Nov 27First-corporation Inc. to Report Q2, 2026 Results on Jan 14, 2026First-corporation Inc. announced that they will report Q2, 2026 results on Jan 14, 2026
Reported Earnings • Oct 15First quarter 2026 earnings released: EPS: JP¥23.69 (vs JP¥30.55 in 1Q 2025)First quarter 2026 results: EPS: JP¥23.69 (down from JP¥30.55 in 1Q 2025). Revenue: JP¥7.42b (down 3.5% from 1Q 2025). Net income: JP¥283.0m (down 23% from 1Q 2025). Profit margin: 3.8% (down from 4.7% in 1Q 2025). The decrease in margin was driven by lower revenue.
Reported Earnings • Sep 02Full year 2025 earnings released: EPS: JP¥140 (vs JP¥79.07 in FY 2024)Full year 2025 results: EPS: JP¥140 (up from JP¥79.07 in FY 2024). Revenue: JP¥43.2b (up 52% from FY 2024). Net income: JP¥1.67b (up 77% from FY 2024). Profit margin: 3.9% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue.
お知らせ • Aug 27First-corporation Inc. to Report Q1, 2026 Results on Oct 14, 2025First-corporation Inc. announced that they will report Q1, 2026 results on Oct 14, 2025
Reported Earnings • Jul 17Full year 2025 earnings releasedFull year 2025 results: Net income: (down JP¥944.0m from profit in FY 2024).
お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 26, 2025First-corporation Inc., Annual General Meeting, Aug 26, 2025.
お知らせ • Jul 07First-corporation Inc. to Report Fiscal Year 2025 Results on Jul 15, 2025First-corporation Inc. announced that they will report fiscal year 2025 results on Jul 15, 2025
Upcoming Dividend • May 22Upcoming dividend of JP¥42.00 per shareEligible shareholders must have bought the stock before 29 May 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 4.4%. Within top quartile of Japanese dividend payers (4.0%). Higher than average of industry peers (1.7%).
Reported Earnings • Apr 15Third quarter 2025 earnings released: EPS: JP¥14.65 (vs JP¥6.70 in 3Q 2024)Third quarter 2025 results: EPS: JP¥14.65 (up from JP¥6.70 in 3Q 2024). Revenue: JP¥7.54b (flat on 3Q 2024). Net income: JP¥175.0m (up 119% from 3Q 2024). Profit margin: 2.3% (up from 1.1% in 3Q 2024).
分析記事 • Feb 28First-corporation (TSE:1430) Is Increasing Its Dividend To ¥42.00First-corporation Inc.'s ( TSE:1430 ) dividend will be increasing from last year's payment of the same period to ¥42.00...
お知らせ • Feb 27First-corporation Inc. to Report Q3, 2025 Results on Apr 14, 2025First-corporation Inc. announced that they will report Q3, 2025 results on Apr 14, 2025
分析記事 • Jan 21First-corporation's (TSE:1430) Profits Appear To Have Quality IssuesFirst-corporation Inc.'s ( TSE:1430 ) healthy profit numbers didn't contain any surprises for investors. We think this...
分析記事 • Jan 16First-corporation's (TSE:1430) Upcoming Dividend Will Be Larger Than Last Year'sThe board of First-corporation Inc. ( TSE:1430 ) has announced that it will be paying its dividend of ¥42.00 on the...
Declared Dividend • Jan 16Dividend of JP¥42.00 announcedShareholders will receive a dividend of JP¥42.00. Ex-date: 29th May 2025 Payment date: 26th August 2025 Dividend yield will be 5.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 15Second quarter 2025 earnings released: EPS: JP¥55.16 (vs JP¥6.70 in 2Q 2024)Second quarter 2025 results: EPS: JP¥55.16 (up from JP¥6.70 in 2Q 2024). Revenue: JP¥19.5b (up 158% from 2Q 2024). Net income: JP¥659.0m (up JP¥579.0m from 2Q 2024). Profit margin: 3.4% (up from 1.1% in 2Q 2024). The increase in margin was driven by higher revenue.
お知らせ • Nov 29First-corporation Inc. to Report Q2, 2025 Results on Jan 14, 2025First-corporation Inc. announced that they will report Q2, 2025 results on Jan 14, 2025
New Risk • Oct 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥9.95b market cap, or US$66.4m).
Reported Earnings • Oct 18First quarter 2025 earnings releasedFirst quarter 2025 results: EPS: JP¥30.55. Net income: JP¥365.0m (up JP¥365.0m from 1Q 2024).
お知らせ • Aug 29First-corporation Inc. to Report Q1, 2025 Results on Oct 15, 2024First-corporation Inc. announced that they will report Q1, 2025 results on Oct 15, 2024
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to JP¥643, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 12x in the Consumer Durables industry in Japan. Total loss to shareholders of 4.4% over the past three years.
分析記事 • Jul 19First-corporation's (TSE:1430) Anemic Earnings Might Be Worse Than You ThinkA lackluster earnings announcement from First-corporation Inc. ( TSE:1430 ) last week didn't sink the stock price. Our...
お知らせ • Jul 13First-corporation Inc., Annual General Meeting, Aug 23, 2024First-corporation Inc., Annual General Meeting, Aug 23, 2024.
Upcoming Dividend • May 23Upcoming dividend of JP¥31.00 per shareEligible shareholders must have bought the stock before 30 May 2024. Payment date: 28 August 2024. Trailing yield: 4.3%. Within top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.7%).
お知らせ • May 18First-corporation Inc. to Report Fiscal Year 2024 Results on Jul 12, 2024First-corporation Inc. announced that they will report fiscal year 2024 results on Jul 12, 2024
お知らせ • Mar 31First-corporation Inc. to Report Q3, 2024 Results on Apr 12, 2024First-corporation Inc. announced that they will report Q3, 2024 results on Apr 12, 2024
New Risk • Oct 06New minor risk - Financial data availabilityLess than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (JP¥9.15b market cap, or US$61.6m).
お知らせ • Aug 30First-corporation Inc. to Report Q1, 2024 Results on Oct 13, 2023First-corporation Inc. announced that they will report Q1, 2024 results on Oct 13, 2023
New Risk • Jul 20New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 0.3% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Market cap is less than US$100m (JP¥8.74b market cap, or US$62.6m).
Reported Earnings • Jul 16Full year 2023 earnings released: EPS: JP¥115 (vs JP¥106 in FY 2022)Full year 2023 results: EPS: JP¥115 (up from JP¥106 in FY 2022). Revenue: JP¥25.5b (down 15% from FY 2022). Net income: JP¥1.36b (up 7.5% from FY 2022). Profit margin: 5.3% (up from 4.2% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 15First-corporation Inc., Annual General Meeting, Aug 25, 2023First-corporation Inc., Annual General Meeting, Aug 25, 2023.
お知らせ • Jun 18First-corporation Inc. to Report Fiscal Year 2023 Results on Jul 14, 2023First-corporation Inc. announced that they will report fiscal year 2023 results on Jul 14, 2023
Upcoming Dividend • May 23Inaugural dividend of JP¥35.00 per shareEligible shareholders must have bought the stock before 30 May 2023. Payment date: 29 August 2023. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.6%.
Reported Earnings • Apr 08Third quarter 2023 earnings released: EPS: JP¥39.27 (vs JP¥19.27 in 3Q 2022)Third quarter 2023 results: EPS: JP¥39.27 (up from JP¥19.27 in 3Q 2022). Revenue: JP¥7.65b (up 4.0% from 3Q 2022). Net income: JP¥468.0m (up 102% from 3Q 2022). Profit margin: 6.1% (up from 3.2% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 08Second quarter 2023 earnings released: EPS: JP¥23.16 (vs JP¥10.36 in 2Q 2022)Second quarter 2023 results: EPS: JP¥23.16 (up from JP¥10.36 in 2Q 2022). Revenue: JP¥5.45b (up 21% from 2Q 2022). Net income: JP¥275.0m (up 120% from 2Q 2022). Profit margin: 5.0% (up from 2.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 09First quarter 2023 earnings released: EPS: JP¥14.36 (vs JP¥36.10 in 1Q 2022)First quarter 2023 results: EPS: JP¥14.36 (down from JP¥36.10 in 1Q 2022). Revenue: JP¥4.73b (down 53% from 1Q 2022). Net income: JP¥170.0m (down 61% from 1Q 2022). Profit margin: 3.6% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Sep 04Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 10First-corporation Inc., Annual General Meeting, Aug 26, 2022First-corporation Inc., Annual General Meeting, Aug 26, 2022.
Reported Earnings • Jul 10Full year 2022 earnings released: EPS: JP¥106 (vs JP¥90.17 in FY 2021)Full year 2022 results: EPS: JP¥106 (up from JP¥90.17 in FY 2021). Revenue: JP¥30.2b (up 44% from FY 2021). Net income: JP¥1.27b (up 13% from FY 2021). Profit margin: 4.2% (down from 5.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • May 29First-corporation Inc. to Report Fiscal Year 2022 Results on Jul 08, 2022First-corporation Inc. announced that they will report fiscal year 2022 results on Jul 08, 2022
Upcoming Dividend • May 23Inaugural dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 August 2022. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.7%.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 8 non-independent directors. Independent Outside Director Takaaki Morohashi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 10Third quarter 2022 earnings released: EPS: JP¥19.27 (vs JP¥7.86 in 3Q 2021)Third quarter 2022 results: EPS: JP¥19.27 (up from JP¥7.86 in 3Q 2021). Revenue: JP¥7.35b (up 65% from 3Q 2021). Net income: JP¥232.0m (up 139% from 3Q 2021). Profit margin: 3.2% (up from 2.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Apr 09First-corporation Inc. to Report Q3, 2022 Results on Apr 08, 2022First-corporation Inc. announced that they will report Q3, 2022 results on Apr 08, 2022
お知らせ • Feb 16First-corporation Inc. (TSE:1430) announces an Equity Buyback for 250,000 shares, representing 1.87% for ¥176.25 million.First-corporation Inc. (TSE:1430) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 1.87% of its share capital, at ¥705 per share for ¥176.25 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment, along with aiming to expand shareholder returns and improve capital efficiency. As of January 31, 2022, the company had 13,363,509 shares outstanding (excluding treasury shares) and 1,000,031 shares in treasury.
Reported Earnings • Jan 09Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: JP¥10.36 (up from JP¥6.51 in 2Q 2021). Revenue: JP¥4.49b (up 14% from 2Q 2021). Net income: JP¥125.0m (up 52% from 2Q 2021). Profit margin: 2.8% (up from 2.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.
Reported Earnings • Oct 09First quarter 2022 earnings released: EPS JP¥36.10 (vs JP¥5.05 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥10.1b (up 169% from 1Q 2021). Net income: JP¥435.0m (up JP¥370.0m from 1Q 2021). Profit margin: 4.3% (up from 1.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year.
Reported Earnings • Jul 12Full year 2021 earnings released: EPS JP¥90.17 (vs JP¥66.60 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥20.9b (down 11% from FY 2020). Net income: JP¥1.13b (up 29% from FY 2020). Profit margin: 5.4% (up from 3.7% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • May 22Inaugural dividend of JP¥32.00 per shareEligible shareholders must have bought the stock before 28 May 2021. Payment date: 27 August 2021. This is the first dividend for First-corporation since going public. The average dividend yield among industry peers is 1.4%.
Reported Earnings • Apr 11Third quarter 2021 earnings released: EPS JP¥7.86 (vs JP¥3.84 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥4.46b (up 16% from 3Q 2020). Net income: JP¥97.0m (up 94% from 3Q 2020). Profit margin: 2.2% (up from 1.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 26First-corporation Inc. to Report Q3, 2021 Results on Apr 09, 2021First-corporation Inc. announced that they will report Q3, 2021 results on Apr 09, 2021
Is New 90 Day High Low • Feb 26New 90-day low: JP¥681The company is down 5.0% from its price of JP¥714 on 27 November 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 16% over the same period.
Reported Earnings • Jan 09Second quarter 2021 earnings released: EPS JP¥6.51The company reported a soft second quarter result with weaker earnings and profit margins, although revenues were improved. Second quarter 2021 results: Revenue: JP¥3.93b (up 4.9% from 2Q 2020). Net income: JP¥82.0m (down 8.9% from 2Q 2020). Profit margin: 2.1% (down from 2.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year and the company’s share price has also fallen by 24% per year.
Is New 90 Day High Low • Jan 03New 90-day low: JP¥688The company is down 3.0% from its price of JP¥707 on 05 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 24% over the same period.
お知らせ • Nov 28First-corporation Inc. to Report Q2, 2021 Results on Jan 08, 2021First-corporation Inc. announced that they will report Q2, 2021 results on Jan 08, 2021
お知らせ • Aug 31First-corporation Inc. to Report Q1, 2021 Results on Oct 09, 2020First-corporation Inc. announced that they will report Q1, 2021 results on Oct 09, 2020
